Velox Tyres Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 10 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.87 Cr
- Satisfied Charges ₹ 1.96 Cr
- Revenue Growth 0.41%
- Profit Growth -1083.82%
- Ebitda -278.37%
- Net Worth -0.50%
- Total Assets 24.42%
About Velox Tyres
Velox Tyres Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 June 2014 and has a history of Ten years and seven months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹9.87 Cr. The company has closed loans amounting to ₹1.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thomas Thomas and Susila Thomas serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25190KA2014PTC075118
- Company No.
075118
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jun 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Velox Tyres Private Limited offer?
Velox Tyres Private Limited offers a wide range of products and services, including Solid Tyres, Solid Cushion Tyres, Solid Rubber Tyre.
Who are the key members and board of directors at Velox Tyres?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thomas Thomas  | Director | 30-Jun-2014 | Current |
| Susila Thomas | Director | 30-Jun-2014 | Current |
Financial Performance of Velox Tyres.
Velox Tyres Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 0.41% increase. The company also saw a substantial fall in profitability, with a 1083.82% decrease in profit. The company's net worth dipped by a decrease of 0.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velox Tyres?
In 2024, Velox Tyres had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paragon Polymer Products Private LimitedThomas Thomas is a mutual person
Falcon Agencies Private LimitedThomas Thomas is a mutual person
Charges (Loans)
₹9.87 Cr
₹1.96 Cr
Charges Breakdown by Lending Institutions
- Others : 8.06 Cr
- Sidbi : 1.82 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2024 | Sidbi | ₹1.82 Cr | Open |
| 11 May 2023 | Others | ₹3.00 M | Open |
| 16 Sep 2021 | Others | ₹7.76 Cr | Open |
| 31 Mar 2015 | The South Indian Bank Limited | ₹1.96 Cr | Satisfied |
How Many Employees Work at Velox Tyres?
Velox Tyres has a workforce of 15 employees as of Feb 10, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velox Tyres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velox Tyres's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.